China home prices ticked +0.7% higher in May

Dhwani Mehta FXStreet

The latest housing data published from the world’s second largest economy, China, showed that the home prices ticked slightly higher on the month, calming somewhat the China slowdown fears.

Key Details:

All China home prices rose +0.7% m/m in May vs. +0.6% booked in April.

Meanwhile, home prices steadied at +10.7% y/y in May.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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